After seizing more than 30,000 Bitcoins from the now defunct online black market known as Silk Road, the U.S. Marshals Service (USMS) was tasked with the management and handling of their auction.

USMS has released new data and updated information about the event on Friday. According to the federal agency, 45 bidders who were required to give a $200,000 deposit to participate were registered to take part in the process. Coin Desk also said that 63 bids were received overall during the auction as it ran for 12 hours from 6 a.m. to 6 p.m. EST on June 27.

However, the number of bidders continued to grow as more and more confirmed interested groups joined the auction, such as Circle, a Boston-based financial service company. Other bidders included Barry Silbert's SecondMarket, Bitcoin Investment Trust (BIT), Pantera Capital, online retailer Bitcoin Shop, and BitFury investor Binary Financial. Two weeks ago, the Marshals accidentally leaked the names of potential bidders made up of approximately 40 candidates.

Auctioning off the seized Bitcoins is a very complicated process since a number of the confirmed bidders are better equipped with information and knowledge when it comes to analyzing the value of the Bitcoin. Several bidders regularly deal with buying and selling Bitcoin and provide services related to the digital currency. Clearly, these companies will use these Bitcoins either by holding them as an investment or use them to improve their own services. However, given the chance that the winner gets the prize below market price, the value of Bitcoin could possibly drop depending on which action the company decides to pursue.

The USMS suggested that more information regarding the status of the action should be released in the coming weeks, but they were vague about what the agency would ultimately release. As of yet, no clear details are known about the leading candidates who might win the auction as the process is still ongoing.